NORTHAM PLATINUM HOLDINGS LIMITED                                    NORTHAM PLATINUM LIMITED
      Incorporated in the Republic of South Africa                   Incorporated in the Republic of South Africa
         Registration number: 2020/905346/06                            Registration number: 1977/003282/06
       JSE share code: NPH ISIN: ZAE000298253                               JSE debt issuer code: NHMI
        (“Northam Holdings” or the “company”)                    Bond code: NHM021        Bond ISIN: ZAG000181496
                                                                 Bond code: NHM022        Bond ISIN: ZAG000190133
                                                                 Bond code: NHM025        Bond ISIN: ZAG000195934
                                                                 Bond code: NHM026        Bond ISIN: ZAG000195942
                                                                 Bond code: NHM027        Bond ISIN: ZAG000216052
                                                                 Bond code: NHM028        Bond ISIN: ZAG000216045
                                                                 Bond code: NHM029        Bond ISIN: ZAG000216037
                                                                               (“Northam Platinum”)

   DISCLOSURE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN NORTHAM HOLDINGS SECURITIES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended (“Companies Act”), and
paragraph 3.83(b) of the JSE Limited Listings Requirements (“JSE Listings Requirements”), Northam Holdings
shareholders are advised that the company has received notification, in the prescribed form, from
Fairtree Asset Management Proprietary Limited, on behalf of its clients (“Fairtree”), advising that it has acquired a
beneficial interest in the securities of Northam Holdings, such that Fairtree now holds a beneficial interest of 5.03% in
the company’s total issued share capital.

The company will file the relevant notification with the Takeover Regulation Panel and the Companies and Intellectual
Property Commission, as required in terms of sections 122(3)(a) and 122(3A) of the Companies Act.

The board of directors of Northam Holdings (“Board”) accepts responsibility for the information contained in this
announcement and certifies that, to the best of the Board’s knowledge and belief, the information contained in this
announcement is true and that there are no facts that have been omitted which would make any statement in this
announcement false or misleading and that this announcement contains all information required by law and the
JSE Listings Requirements.

Johannesburg
20 January 2026



           Corporate Advisor and Sponsor to                          Corporate Advisor and Debt Sponsor to
                  Northam Holdings                                             Northam Platinum
                      One Capital                                                 One Capital